Define: Portfolio Account
Portfolio Account means a maintained account holding investible assets, serving the purpose of management and record keeping
Portfolio Account means a maintained account holding investible assets, serving the purpose of management and record keeping.
Relevant Circumstances
- When a client entrusts assets to a company for investment purposes.
- During the establishment of an investment strategy.
- When a client and their financial advisory firm are establishing account parameters.
Relevant Sectors
- Finance
- Investment Banking
- Wealth Management